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Apple plans to introduce new Macs at October 27 event, Recode says

Apple plans to introduce new Mac computers at an October 27 media event, reports Recode, citing sources. The report notes that earlier rumors have pointed to a new MacBook Pro featuring customizable, touchscreen keys. Reference Link

25

Oct

AAPLApple

$117.47

-0.08 (-0.07%)

10/17/16

RBCM

10/17/16NO CHANGERBCM

Most of Note impact on Broadcom could be offset, says RBC Capital

RBC Capital analyst Amit Daryanani says that most of the impact on Broadcom (AVGO) of the Samsung Note 7 recall will be offset if consumers returning the Note buy Apple's (AAPL) iPhone 7 devices. The analyst says that Broadcom has $1-$2 more content per device in the iPhones than in the Note, so he thinks that the recall could actually provide "a tailwind for Broadcom." The analyst keeps a $190 price target and Top Pick rating on the stock.

10/18/16

DBAB

10/18/16NO CHANGETarget $108DBABHold

Apple expectations have moved higher, says Deutsche Bank

Deutsche Bank analyst Sherri Scribner believes investor expectations for Apple have already moved higher and are reflecting a September quarter beat and potential guidance raise. To reflect increased build plans at Asian suppliers and a boost from "short-lived" U.S. carrier promotions, Scribner raised her September quarter iPhone estimate to 46M units and December quarter estimate to 75M. Positive iPhone comments should continue in the next two months, supporting the shares into year-end, Scribner tells investors in a pre-earnings research note. She raised her price target for Apple shares to $108 from $105 but keeps a Hold rating on the name citing slowing longer term smartphone growth.

10/18/16

UBSW

10/18/16NO CHANGETarget $127UBSWBuy

Apple near-term outlook improved, says UBS

UBS analyst Steven Milunovich believe Apple's (AAPL) Q4 guidance could have upside due to an extra week in the quarter and checks that show iPhone 7 demand is a bit better than the iPhone 6s. The analyst also noted the Samsung (SSNLF) Note 7 problem remains a wild card, but believes it should help Apple's retention rate. Milunovich said the current Apple share price reflects a gradual erosion of its installed base and the amount people are willing to spend with Apple, which he believes is conservative. Milunovich reiterated his Buy rating and $127 price target on Apple shares.

10/18/16

STFL

10/18/16NO CHANGESTFL

Apple Q4 estimates raised above Street at Stifel

Stifel analyst Aaron Rakers raised his September quarter estimates for Apple above consensus levels, citing his belief that iPhone sales will beat expectations. Rakers estimates that Apple's installed base is nearing 700M, and he notes that the company's December quarter includes an extra week versus last year. Rakers expects the company's December quarter EPS guidance to come in above expectations, but he predicts that Apple's revenue guidance will be roughly in-line. The analyst raised his price target on the stock to $130 from $120 and keeps a Buy rating on the shares.

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